Biogen wins EU backing for big new MS drug hope

[riky]

Biogen wins EU backing for big new MS drug hope

<p><a href="http://news.yahoo.com/eu-agency-backs-ms-drugs-biogen-sanofi-122529290--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/YdHTpmmgxWrWnWOgQxbsOg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-03-22T122529Z_1_CBRE92L0YIO00_RTROPTP_2_USA.JPG" width="130" height="86" alt="A pedestrian passes the sign outside the headquarters of Biogen Idec Inc. in Cambridge" align="left" title="A pedestrian passes the sign outside the headquarters of Biogen Idec Inc. in Cambridge" border="0" /></a>By Ben Hirschler LONDON (Reuters) - European regulators have recommended approval of two new multiple sclerosis pills from Biogen Idec and Sanofi, both of which are expected to become major sellers. Friday's decision by the European Medicines Agency (EMA) was particularly significant for Biogen, since the U.S. biotech company is still awaiting a verdict on Tecfidera, or BG-12, in the United States. Shares in Biogen, which have more than trebled in the last three years on rising hopes for Tecfidera, hit a new all-time high of $178.66 on Friday and stood 1 percent up on the day by 11.40 a.m. ET. ...</p><br clear="all"/>

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